Word: merger
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Dates: during 1990-1999
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Emotional reactions to the current discussions between Harvard and Radcliffe range from ecstatic to fearful. But one thing's for sure--if Radcliffe were to tug on the purse strings of its alumnae post-merger, heartstrings in tune with Radcliffe "College" might snap...
...with the 1977 merger of Harvard and Radcliffe Colleges, RUS's role as a student government disappeared. The organization's membership technically still includes all undergraduate women, but this year only 60 of those women attended the two meetings required to obtain voting rights...
...other news, a committee of Harvard and Radcliffe governing board members recommends an expansion of coeducational housing and a revision of Radcliffe's budget but not a merger between Harvard and Radcliffe...
...watch and wait, just like the rest of us. In this era of megamergers, Joel Klein already has plenty of antitrust enforcement on his plate. Last week he announced his intention to fight a proposed partnership between American Airlines and British Airways; the DOJ's case against the proposed merger of Lockheed-Martin and Northrup-Grumman also begins this September; and the chipmaker Intel is said be next in the cross hairs of his colleagues over at the FTC. But the resolute Klein seems determined to make Gates a test case for reinterpreting the 19th century Sherman Act to apply...
...antitrust chief also had plenty of incentive to cut a deal. With merger mania rampant in industries from banking to telecommunications, Klein had ample opportunity to prove his trust-busting mettle without taking on Microsoft in a long and costly battle that many legal scholars suspect he will have a tough time winning. Faced with the uneasy prospect of trying to prove consumer harm by a company that has helped make PCs better and cheaper, Klein must have held out at least faint hopes that Gates would renounce enough of his most egregious practices to let them both declare victory...